PROACTIS TENDERS LIMITED MYT · Awarded contract
Awarded

Revenue Term Policy Review and Stakeholder Engagement for OFTO Regime

Awarded 21 Dec 2023

View live tenders
Awarded21 Dec 2023
Value£100,000.00
RegionUnited Kingdom
CategoryConsultancy & Legal
Ended 1y 11mo ago1y term
Awarded 21 Dec 2023Expired 20 Dec 2024

PROACTIS TENDERS LIMITED MYT awarded a contract to Smith Square Partners Llp for consultancy services to review the Revenue Term policy for the Offshore Transmission Owner (OFTO) Regime.

The work involved analysing the impact of extending the Tender Revenue Stream (TRS) from approximately 25 years to 30 years or longer, considering factors such as the expected life of offshore windfarms, the technical life of OFTO assets, precedents from other contexts like Private Finance Initiative, and the attractiveness of different revenue terms to various financing solutions.

The contract value was AUD 100,000.

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